Summary - 23 PARK ROAD HARTLEPOOL TS24 7PW
1 bed 1 bath Commercial Property
Freehold mixed-use building with large frontage and parking potential.
- Large Victorian corner building with prominent shop front
- Freehold ownership; 1,147 sq ft total internal area
- Mixed-use layout: retail, offices, kitchen diner and residential floors
- Off-street parking for approximately three vehicles and cellar
- Modern fittings: gas central heating and uPVC double glazing
- Property described as derelict; requires full renovation
- Located in a very deprived area with very high crime levels
- Small plot size; city centre setting with strong footfall limitations
A substantial Victorian corner commercial property offering clear mixed-use potential for investors or owner-operators. The ground floor features a large retail frontage with expansive display windows, reception/retail area, and a generous store room. Above are multiple offices, a kitchen-diner and two residential floors providing two bedrooms, lounge and shower room. Parking for approximately three vehicles and a cellar add practical value.
The building retains period character externally and benefits from modern comforts including gas central heating, uPVC double glazing, shutters and laminate flooring. Its freehold tenure and sizeable 1,147 sq ft footprint make it suitable for a range of uses: retail with living accommodation, small office hub with on-site residence, or an investor converting units (subject to consents).
Important practical notes: the property is described as derelict and requires renovation throughout to reach lettable or trading condition. The surrounding area is very deprived with very high local crime levels, which will affect rental prospects, customer footfall and insurance costs. Plot size is small and the site sits in a city/major town centre environment.
For buyers prioritising value-add opportunity: this is a substantial, centrally located freehold with visible shop frontage and parking — attractive for those prepared to invest in refurbishment and active asset management. Buyers should budget for repair, refurbishment and consider security and tenanting strategy given local socio-economic challenges.
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